LyondellBasell (NYSE: LYB) director logs RSU grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries director Claire S. Farley reported routine equity-compensation activity. On May 21, she received a grant of 2,321 Class A Ordinary Shares at no cost, representing restricted stock units that vest on May 21, 2027 under the long-term incentive plan.
On May 22, 2,917 previously granted restricted stock units vested, and 565 shares were withheld by the company to cover tax withholding obligations, a non‑market tax-withholding disposition rather than an open-market sale. After these transactions, she directly held 26,341 shares, including 5,238 restricted stock units scheduled to vest on future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FARLEY CLAIRE S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 565 | $69.72 | $39K |
| Grant/Award | Class A Ordinary Shares | 2,321 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 26,341 shares (Direct, null)
Footnotes (1)
- Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan, including 2,917 that vest on May 22, 2026. The 2,321 RSUs reported on this Form 4 vest on May 21, 2027. On May 22, 2026 the reporting person's restricted stock units automatically vested 2,917 shares. 565 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 2,321 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan that vest on May 21, 2027.
Key Figures
RSU grant: 2,321 shares
Tax-withholding shares: 565 shares
Shares after transactions: 26,341 shares
+3 more
6 metrics
RSU grant
2,321 shares
Class A Ordinary Shares granted on May 21, 2026 at $0.0000
Tax-withholding shares
565 shares
Withheld on May 22, 2026 at $69.72 per share
Shares after transactions
26,341 shares
Direct holdings following May 22, 2026 disposition
RSUs outstanding
5,238 RSUs
Granted under long-term incentive plan, vesting on future dates
RSUs vesting 2027
2,321 RSUs
Vesting on May 21, 2027 per footnote
RSUs vested 2026
2,917 RSUs
Automatically vested on May 22, 2026 before tax withholding
Key Terms
restricted stock units ("RSUs"), long-term incentive plan, tax withholding obligations, grant, award, or other acquisition, +1 more
5 terms
restricted stock units ("RSUs") financial
"Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
long-term incentive plan financial
"restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
tax withholding obligations financial
"565 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transactions did LYB director Claire S. Farley report on this Form 4?
Claire S. Farley reported a grant of 2,321 Class A Ordinary Shares on May 21, 2026 and a tax-withholding disposition of 565 shares on May 22, 2026, both tied to restricted stock unit awards under LyondellBasell’s long-term incentive plan.
What restricted stock units did LYB grant to Claire S. Farley in this filing?
LyondellBasell granted Claire S. Farley 2,321 restricted stock units that convert into Class A Ordinary Shares and vest on May 21, 2027. Footnotes indicate these units are part of the issuer’s long-term incentive plan, adding to previously granted RSUs already outstanding.
How many LYB restricted stock units for Claire S. Farley are scheduled to vest later?
Footnotes state that 5,238 restricted stock units are outstanding for Claire S. Farley, including 2,917 that vest on May 22, 2026 and 2,321 that vest on May 21, 2027. These RSUs are granted under LyondellBasell’s long-term incentive plan for directors.